What if my credit card application is denied?
Guest: xanthier
Post subject: What if my credit card application is denied?
Posted: Sun Aug 27, 2006 3:50 pm
I've been wanting to get a credit card, i had one in the past, but it changed banks and no longer exists I think. I applied for a CC at Capital One for credit that "Needs Improvment" . I'm not sure this is the right one cause there was also a "Limited Credit" card and I have only had credit for about a year and a half and my credit is rated as "Fair".
If my application comes through as denied, I need some advice on what to do next. I'd like a credit limit of at least $3000, I should have come here before applying, maybe someone could tell me if/when it would be wise to reapply and the best place for my needs. Thank you.
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Guest: Polonius
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sun Aug 27, 2006 3:53 pm
Come on. Use your head. You're asking a bunch of strangers for advice about the best card to suit your needs--and you tell us nothing at all about your income or employment or the negatives on your credit history or what those needs are, except that you want at least $3000. How can we possibly know what to recommend without more information?
_________________
Polonius
"Neither a borrower, nor a lender be; For loan oft loses both itself and friend"
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sun Aug 27, 2006 3:58 pm
Quote:
"xanthier"
I've been wanting to get a credit card, i had one in the past, but it changed banks and no longer exists I think. I applied for a CC at Capital One for credit that "Needs Improvment" . I'm not sure this is the right one cause there was also a "Limited Credit" card and I have only had credit for about a year and a half and my credit is rated as "Fair".
If my application comes through as denied, I need some advice on what to do next. I'd like a credit limit of at least $3000, I should have come here before applying, maybe someone could tell me if/when it would be wise to reapply and the best place for my needs. Thank you.
NEEDS IMPROVEMENT AND YOU "WANT" $3,000???
People with "GOOD" credit sometimes get $200-->$1,000
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: maddybeagle
Credit Expert (100+ Posts)
Posted: Sun Aug 27, 2006 5:05 pm
my first 2 credit cards were 500 and 1000....you have to start somewhere...
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: rapjunkie
Credit Expert (100+ Posts)
Posted: Sun Aug 27, 2006 5:16 pm
By the way, unless you cancelled the old credit card account you had or received notice about it being cancelled, it is quite possible that it still exists on your report but is reported to the bureaus as inactive. You might want to look into that and get it active again so that you have that credit history.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Post subject: What if my credit card application is denied?
Posted: Sun Aug 27, 2006 3:50 pm
I've been wanting to get a credit card, i had one in the past, but it changed banks and no longer exists I think. I applied for a CC at Capital One for credit that "Needs Improvment" . I'm not sure this is the right one cause there was also a "Limited Credit" card and I have only had credit for about a year and a half and my credit is rated as "Fair".
If my application comes through as denied, I need some advice on what to do next. I'd like a credit limit of at least $3000, I should have come here before applying, maybe someone could tell me if/when it would be wise to reapply and the best place for my needs. Thank you.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Polonius
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sun Aug 27, 2006 3:53 pm
Come on. Use your head. You're asking a bunch of strangers for advice about the best card to suit your needs--and you tell us nothing at all about your income or employment or the negatives on your credit history or what those needs are, except that you want at least $3000. How can we possibly know what to recommend without more information?
_________________
Polonius
"Neither a borrower, nor a lender be; For loan oft loses both itself and friend"
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sun Aug 27, 2006 3:58 pm
Quote:
"xanthier"
I've been wanting to get a credit card, i had one in the past, but it changed banks and no longer exists I think. I applied for a CC at Capital One for credit that "Needs Improvment" . I'm not sure this is the right one cause there was also a "Limited Credit" card and I have only had credit for about a year and a half and my credit is rated as "Fair".
If my application comes through as denied, I need some advice on what to do next. I'd like a credit limit of at least $3000, I should have come here before applying, maybe someone could tell me if/when it would be wise to reapply and the best place for my needs. Thank you.
NEEDS IMPROVEMENT AND YOU "WANT" $3,000???
People with "GOOD" credit sometimes get $200-->$1,000
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: maddybeagle
Credit Expert (100+ Posts)
Posted: Sun Aug 27, 2006 5:05 pm
my first 2 credit cards were 500 and 1000....you have to start somewhere...
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: rapjunkie
Credit Expert (100+ Posts)
Posted: Sun Aug 27, 2006 5:16 pm
By the way, unless you cancelled the old credit card account you had or received notice about it being cancelled, it is quite possible that it still exists on your report but is reported to the bureaus as inactive. You might want to look into that and get it active again so that you have that credit history.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 6:11 PM
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